Op. Dr. Kenan Kal\u0131, Chairman of G\u00f6zde Group, called the Central Bank\u2019s rate cut merely a first step and predicted further reductions, stating: \u201cParallel to the rate cuts, home prices will start climbing over the next few months.\u201d<\/p>\n
Kal\u0131 advised would-be buyers to act within the next two months, stressing that the upward trend in housing prices will accelerate with the arrival of autumn.<\/p>\n
Because bank deposits have recently offered high real returns, investors have kept their savings there, Kal\u0131 noted. \u201cNow it\u2019s time to turn those deposit earnings into investment. By the end of summer, investors will see that housing prices have risen sharply. Housing stock has dwindled, and the Central Bank\u2019s decision has already set price increases in motion. Anyone planning to buy should make the most of the coming two months, if they can. Prices will remain somewhat attainable when schools open in autumn, but buying will become far harder in winter. Budgets will no longer stretch to new builds. Developers themselves face extremely high construction costs. As demand rises, homes will be listed at increases approaching 40 percent. By the end of 2025, a home priced at 6 million TL today could reach 8 million TL. The most favorable moment to buy is now; tomorrow\u2019s prices will be higher than today\u2019s.\u201d<\/p>\n
\u201cFloor Areas Must Shrink\u201d<\/strong><\/p>\n To make homes more affordable, unit sizes must decrease, Kal\u0131 argued: \u201cTOK\u0130 Should Also Produce Land for Affordable Housing\u201d<\/strong><\/p>\n Land costs are another major factor driving up prices, Kal\u0131 said: Op. Dr. Kenan Kal\u0131, Chairman of G\u00f6zde Group, called the Central Bank\u2019s rate cut merely a first step and predicted further reductions, stating: \u201cParallel to the rate cuts, home prices will start climbing over the next few months.\u201d Kal\u0131 advised would-be buyers to act within the next two months, stressing that the upward trend in […]<\/p>\n","protected":false},"author":3,"featured_media":52518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[250,254],"tags":[],"class_list":["post-52522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-headline-news"],"jetpack_featured_media_url":"https:\/\/orsiad.com.tr\/wp-content\/uploads\/2025\/08\/go_zde_grubu_logo_093605368.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/52522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/comments?post=52522"}],"version-history":[{"count":2,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/52522\/revisions"}],"predecessor-version":[{"id":52524,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/52522\/revisions\/52524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media\/52518"}],"wp:attachment":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media?parent=52522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/categories?post=52522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/tags?post=52522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cWe\u2019re not the world\u2019s richest country, so we must plan our housing expenditure carefully. I don\u2019t think it makes sense for two people to live in a 200-square-meter apartment; it\u2019s wasteful. People should choose smaller homes that meet their needs. Small units will attract more demand in the future because they\u2019re easier to buy, sell and rent\u2014and their running costs are lower. Occupancy is about 98 percent for small units, but can fall to 65 percent for large ones. On the same plot, build 170 homes instead of 100 so that 170 families find shelter. Housing is one of Turkey\u2019s most pressing problems. We must stop pouring money solely into concrete and invest more in technology and informatics.\u201d<\/p>\n
\n\u201cTurkey espouses a social-state model, and the government is already active on land issues, producing a significant number of homes through TOK\u0130. However, TOK\u0130 should also produce land and release it to the sector. Suitable new plots should be opened on Treasury land. Around half of the cost of a home comes from the land. Half of the country\u2019s existing housing stock also needs redevelopment. After the earthquake, construction and labor costs soared. Turkey has some of the world\u2019s highest land prices. Continued investment to close the housing gap is essential for our country. As G\u00f6zde Group we\u2019re building simultaneously at seven locations in \u0130zmir. I have great confidence in our nation\u2019s dynamism; we kept investing even when sales were at their lowest. We see this not only as business, but as a social responsibility.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"